, We are both RNs. I'm a critical care nurse, my SO is labor and delivery. We are going to be moving almost 4 hours away from home. The pay scale is different, but so is the cost of living and the housing market. Currently I'm making $43 and hour and my SO $50, when we move I'm approximating our salaries will be at the lowest $30. Inexperienced RNs are making $28, while more experienced RNs are making $35. I guestimated that after Uncle Sam takes his 1/3 in taxes we'd be left with about $6,000. I could find a job a little further away that would pay more. I even found one job that would pay the same, but it would be per diem critical care float pool working out of a few different hospitals. All and all the nursing market is pretty strong in PA. The ball would be in my corner regarding pay, even if I can squeeze of a few extra dollars.
Once she gives me word on the price tag of the property I'll be taking the numbers to my accountant and have her give me a better idea if it's workable or not. As much as I'd like this to work I do not want to be in a position where I'm relying on barn income or living on the edge of poverty. I know numbers all seem wonderful in a plan or on paper, but rent would be giving me a chance to LIVE those numbers. If it doesn't work out we just pick up and move.
I haven't looked into a realtor. If this doesn't pan out we will stay on Long Island for a little while longer to save money. Moving out to PA is in the plan, but not the immediate plan. This is just something that happened to come my way. Ideally I'd rather be about an hour more northeast.
That was another thing I was thinking of. Let her deal with the financial aspect and I'll just run it for reduction in rent. Only problem.. I'd be at her mercy. If she wants to take in 9 boarders, then 9 it is. I'll already have a full time job, and 9 horses would be WAY too much. Plus, this is supposed to be a financial trial run.
As for the buy a house and build, idk. I feel that "some day" will never become today. There will always be something coming up, whether its bills or kids. I like that this place is all together. The riding ring was professionally done. The barn has a lot of extras (outlets for heated buckets, doors for run ins in the back, regular stairs to a large hay loft, heated wash stall, climate controlled tack room, foaling stall). All the fencing is already in, plus there are run-in sheds in almost every pasture. It would take years, if not decades, to have the property built up like this starting from scratch.